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Young Professionals Council obtains NAR Charter!

SAR’s YPC Logo

I am pleased to announce that the Sacramento Association of Realtors “Young Professionals Council” has been approved by the National Association of Realtors as an official member of their “

Enroll in the Distressed Properties course in Sacramento

The CALIFORNIA ASSOCIATION OF REALTORS® and the Sacramento Association of REALTORS® present

Distressed Properties

(Short Sales, Foreclosures, And Lender REO’s)

Increase Your Knowledge on Distressed Properties and Provide Your Clients with Qualified Professional Help

This course provides you with valuable information on Distressed Properties, including:

  • The procedures used in the sale and disposition of distressed properties.
  • An agent’s responsibilities in potential business opportunities with sellers, buyers, and lenders.
  • Information on how to provide assistance to “short sale” sellers and work with lenders who have foreclosure property, also know as Real-Estate-Owned (REO).
  • An overview of the tax/credit impact of REO sales.

This course is Department of Real Estate (DRE) accredited for 4 hours of Continuing Education (CE) in Consumer Protection.

Continue reading: Enroll in the Distressed Properties course in Sacramento

Housing Affordability Update:

Attendees numbered near 100 for the Fall Housing Affordability Update, gathering the latest information on available products/financing from local organizations. Kevin Nunn, Vice Chair of the Housing Opportunity Committee, explained the ins and outs of such programs as FHA, CalHFA, CalVet, NeighborWorks, the MCC and others. Kevin received help with certain topics, calling on Bobbi Glassell for information on the Energy Efficient Mortgage (EEM) and Scott Short to provided insight on CalPERS. Members of the audience were given a chance to have their questions answered by the speakers. Local organizations including Golden1, NeighborWorks, CalVet, Wells Fargo, EEM, the Sacramento Home Loan Counseling Center and others were on site to continue answering questions of the audience. If you were unable to attend this event and would like information on what was discussed, please contact Tony @ 916-437-1205.  

Continue reading: Housing Affordability Update: “Show Me The Money” a success!

Important Update on Tax Credit

Senate leaders of both parties and key Senate Finance Committee members and staff, and tax credit sponsors Dodd-Liberman-Isakson have agreed on extending and expanding the housing credit.

However, there is no agreement on how to attach this tax credit to the pending Unemployment Insurance bill, or whether to offer the tax credit agreement on [...]

Your Membership, Your Way

SAVING YOU TIME

It’s easy to share C.A.R. videos. C.A.R. videos are now available for you to download. Liven up your Web site or blog content with the latest industry insights covered in C.A.R. videos. Our videos feature everything from REALTOR® tips to housing market updates. Click here to visit the new C.A.R. video page for more information and download instructions. Check back often for new video content.

Need legal counsel on the weekend? Don’t worry–the C.A.R. Legal Hotline is open on Saturdays to help with your transaction-based legal questions. Members can call the C.A.R. Legal Hotline at (213) 739-8282 between 10 a.m. and 2 p.m. on Saturdays to speak live with a C.A.R. attorney. Calls are taken on a first-come, first-served basis to offer members free, confidential legal advice on a vast array of real-estate related topics, such as contract interpretation, arbitration, litigation, tax issues, commission disputes, disclosure requirements, fair housing issues, and laws governing homeowner’s associations. Click here to learn more.

Continue reading: Your Membership, Your Way

HVCC Update!

On October 22, 2009, HR 3126, the “Consumer Financial Protection Act of 2009,” passed the House Financial Services Committee with an amendment that will ultimately sunset the Home Valuation Code of Conduct (HVCC). The amendment was offered by Representative Gary Miller (D-CA). During the debate Mr. Miller and Capital Markets Subcommittee Chair, Paul Kanjorski [...]

When Marketing, Think Safety First

If you’re like most REALTORS®, you put a great deal of thought and effort into your marketing materials, including advertisements, signs and business cards. You want to make every dollar count—but how much consideration do you give to the safety afforded by these communications? How much information are you giving the public that many [...]

Congratulations to REALTOR® Member Diana Perparos

Congratulations to REALTOR® Member Diana Perparos, ADP Financial and Realty. The Indus Valley American Chamber of Commerce has selected ADP Financial and Realty for the 2009 Best of Sacramento Award in the Investment Advice category by the US Commerce Association. Diana is a member of the board of the Indus Valley American Chamber of [...]

SAR Industry Update Featuring Barbara Harsch

Barbara Harsch speaks to REALTORS® on the history of flooding in California and water issues at the October 23, 2009 Sacramento Association of REALTORS® monthly Industry Update.

This meeting is held on the third Friday of each month from 9:30-10:45am and is open to all Members. the Public Issues Forum invites a local [...]

New California Laws for 2009-10 Affecting REALTORS®

The conclusion of the first half of the 2009-10 legislative session has brought many new laws that may affect California REALTORS® and their clients. Not surprisingly in the subprime aftermath, prominently featured among the new laws is stricter regulation of the mortgage lending industry. To view the full text and legislative summary of any of the following new bills, go to www.leginfo.ca.gov.

Continue reading: New California Laws for 2009-10 Affecting REALTORS